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Cash sale
can i do cash sale of 50000 in single transaction in a day. Please inform
Replies (5)
Ofcourse
There is no restriction on amount of cash sale under GST Laws.
As per Rule 46 CGST Act
name and address of the recipient and the address of delivery, along with the name of the State and its code, if such recipient is un-registered and where the value of the taxable supply is fifty thousand rupees or more
name and address of the recipient and the address of delivery, along with the name of the State and its code, if such recipient is un-registered and where the value of the taxable supply is fifty thousand rupees or more
Thanks for reply
yes , there is restriction on payment via cash more than 10,000 , not in receiving cash and cash sales .
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